At US companies, there are more shareholder proposals than ever targeting environmental and social (E&S) issues. When it comes to sustainability-focused shareholder resolutions, responsible investors want their sustainability ambitions reflected in proxy voting decisions. 

This latest stewardship research analyzes data from the 2024 proxy voting seasons and compares it with previous years. It shows that asset managers’ backing for E&S proposals hit a five-year low in 2024.

Investors who want their fund manager’s proxy voting decisions to reflect higher sustainability ambitions must remain vigilant. They should pay careful attention to their manager selection, fund selection, and keep up with specific voting policies.   

Readers of this report will learn how: 

• The number of sustainability resolutions with significant shareholder support fell in 2024. 

• After 2023’s reductions, more US firms cut support for significant E&S resolutions.  

• Falling support for significant E&S resolutions is specific to large US asset managers. 

• European firms’ support for significant E&S resolutions remains very high. 

Download the report to learn more.